News Source: Star Tribune
| about 1 month ago
Businesses likely slashed wholesale inventories for a record 13th consecutive month in September...Steadily rising sales could encourage businesses to restock shelves, boost production and bolster an economic recovery. The concern is that consumer...
News Source: Merced Sun-Star
| about 1 month ago
Consumers likely reduced their borrowing for an eighth straight month in September, as layoffs continue and credit remains tight. The declines in borrowing are expected to drag on the fledgling economic recovery. Economists surveyed by Thomson...
News Source: CNN
| about 1 month ago
U.S. stocks were set for a lukewarm start Friday, as investors awaited the release of the government's all-important monthly employment report...ET, S&P 500, Nasdaq-100 and Dow Jones industrial average futures were a tad higher. Futures measure...
News Source: Miami Herald
| about 1 month ago
Worker productivity has surged at the fastest pace in six years, labor costs fell and unemployment claims were lower than forecast, signaling that companies may be preparing to start hiring again after cutting costs to the bone.
News Source: The Examiner
| about 1 month ago
The economy grew at a 3.5 percent annual rate in the July-September quarter, the government said last week, the strongest signal yet that the recession has ended. But that alone won't spur rapid hiring, raising the likelihood of a "jobless recovery."...
News Source: Bradenton Herald
| about 1 month ago
Companies across the economy are finding ways to do more with fewer workers, dimming hopes that hiring will take off anytime soon. Employers became leaner and more efficient in the third quarter...The result is that productivity — output per hour...